Minsa Enterprise Ltd

Minsa Enterprise Ltd from Romford UK is a small, active company founded five years ago in 2019. It employs two people and operates an e-commerce site, with one director and one owner – a solo founder. The company's registered address is real, with only a handful of other companies registered there.

The business is involved in both non-specialised wholesale trade and retail sales via mail order and the internet. Its website indicates a focus on general merchandise, though specific product details are scarce. It’s a small company, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Minsa Enterprise Ltd shows a mixed picture. Cash bank on hand increased by a substantial 46%, reaching £810, while equity also grew by 24%, now standing at £1,000. However, property, plant, and equipment decreased by 18%, dropping to £240. Trade debtors have also increased, which could indicate a delay in payments from customers. The company’s accounts are described as “filleted,” meaning they’re simplified due to its small size, and are unaudited. No auditor is mentioned.

The company’s net assets and liabilities have both increased, suggesting a period of growth, but the decrease in property, plant, and equipment could be a cause for concern. It’s possible that the company is reinvesting in its business, or perhaps it’s facing some challenges in maintaining its assets. The accounts state that the accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Registered in England/Wales under the registration number 12121530, with a registered address at RM6 6PR, England, Romford, First Floor 20-22 High Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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